Przeglądaj Lodz Economics Working Papers według autora "Baranowski, Paweł"

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    • Changes in nominal rigidities in Poland – a regime switching DSGE perspective 

      Baranowski, Paweł; Kuchta, Zbigniew ORCID (Faculty of Economics and Sociology of the University of Lodz, 2015-12)
      We estimate a dynamic stochastic general equilibrium model that allows for regimes Markov switching (MS-DSGE). Existing MS-DSGE papers for the United States focus on changes in monetary policy or shocks volatility, ...

    • Credible enough? Forward guidance and perceived National Bank of Poland’s policy rule 

      Baranowski, Paweł; Gajewski, Paweł (Faculty of Economics and Sociology of the University of Lodz, 2015-02)
      Credible forward guidance should bring down the perceived impact of macroeconomic variables on the interest rate. Using a micro-level dataset we test the perception of monetary policy in Poland among professional forecasters ...